Siena prosecutors have requested that JPMorgan stand trial for obstructing regulators as part of a wider probe into Banca Monte dei Paschi di Siena SpA’s purchase of Banca Antonveneta SpA, according to four people with knowledge of the matter.

JPMorgan Chase has announced that Bruce McNamer will join the firm as the new Head of Global Philanthropy and Chief Executive Officer of the JPMorgan Chase Foundation, and Dalila Wilson-Scott has been appointed President of the Foundation.

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Bank of America’s Merrill Lynch unit plans to sign up five Asian hedge-fund start-ups a year as part of its emerging manager program that gives them exclusive access to the bank’s resources, usually reserved for managers of billions of dollars.